NRS 162B.315
Substantial compliance with donor-imposed formal requirement.


A powerholder’s substantial compliance with a formal requirement of appointment imposed by the donor, including a requirement that the instrument exercising the power of appointment make reference or specific reference to the power, is sufficient if:

1.

The powerholder knows of and intends to exercise the power; and

2.

The powerholder’s manner of attempted exercise of the power does not impair a material purpose of the donor in imposing the requirement.

Source: Section 162B.315 — Substantial compliance with donor-imposed formal requirement., https://www.­leg.­state.­nv.­us/NRS/NRS-162B.­html#NRS162BSec315.

Last Updated

Jun. 24, 2021

§ 162B.315’s source at nv​.us